# Nuveen Select Tax-Free Income Portfolio (NXP): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/nxp for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Nuveen · Asset class: Bond - Strategy: Thematic · Inception: 1992-03-19 Established on March 19, 1992, the Nuveen Select Tax-Free Income Portfolio functions as a closed-ended mutual fund dedicated to fixed income investments within the United States. Jointly overseen by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC (under the Nuveen Investments Inc. umbrella), the fund strategically allocates its capital primarily to investment-grade municipal securities, targeting those rated Baa, BBB, or higher. Its financial performance is benchmarked against both the Standard & Poor's (S&P) National Municipal Bond Index and the Lipper General and Insured Unlever... ## Key Facts | Metric | Value | |---|---| | Price | $13.06 | | Expense Ratio | 0.35% | | Assets Under Management | $823.0M | | NAV | — | | Holdings Count | — | | Distribution Yield (TTM) | 4.92% | | Annual Distribution (TTM) | $0.64 /share | | Distribution Frequency | Monthly | | 52-Week Range | $12.87 – $14.65 | | Beta | 0.37 | ## Latest Distribution - Amount: $0.0535 /share - Ex-date: 2026-10-15 - Pay date: 2026-11-02 ## Frequently Asked Questions ### What does NXP invest in? Established on March 19, 1992, the Nuveen Select Tax-Free Income Portfolio functions as a closed-ended mutual fund dedicated to fixed income investments within the United States. Jointly overseen by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC (under the Nuveen Investments Inc. umbrella), the fund strategically allocates its capital primarily to investment-grade municipal securities, targeting those rated Baa, BBB, or higher. Its financial performance is benchmarked against both the Standard & Poor's (S&P) National Municipal Bond Index and the Lipper General and Insured Unleveraged Municipal Debt Funds Average. This portfolio remains domiciled in the U.S. ### What is the expense ratio of NXP? Nuveen Select Tax-Free Income Portfolio (NXP) charges an expense ratio of 0.35%. This is the annual fee deducted from fund assets to cover management and operations. ### What is NXP's dividend yield? NXP's trailing-twelve-month yield is 4.92%, calculated from the sum of dividends over the past year divided by the current price. ### What is the duration of NXP? Effective duration measures NXP's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. NXP's current duration is published on the fund's factsheet on the issuer's website. ### What is the credit quality of NXP? NXP's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds. ### What is the yield to maturity of NXP? Yield to maturity (YTM) is the total return you'd earn from NXP if every bond in the portfolio is held to maturity at the current price. NXP's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid. ### Does NXP pay a dividend? Yes, Nuveen Select Tax-Free Income Portfolio (NXP) distributes dividends to shareholders. The trailing-twelve-month yield is 4.92%. Full dividend history is on this page. ### How often does NXP pay dividends? Nuveen Select Tax-Free Income Portfolio pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is NXP's next ex-dividend date? The most recently announced ex-dividend date for NXP was 2026-10-15. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will NXP's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.35% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does NXP charge its expense ratio? The expense ratio is deducted in tiny daily slices from NXP's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does NXP cost more than a fund like VOO? NXP's strategy (current expense ratio 0.35%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where NXP sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to NXP? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as NXP (0.35%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/nxp - Distribution history: https://www.dividenddata.com/funds/nxp/dividend - Holdings & diversification: https://www.dividenddata.com/funds/nxp/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/nxp/expenses - Peer comparison: https://www.dividenddata.com/funds/nxp/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.